An advanced new Hyosung manufacturing plant supplying critical components for India’s electrical power distribution grid is using Konecranes lifting technology to help ensure outstanding safety, efficiency and reliability.

The Economic Times in partnership with AUM-LAI brought the Land Summit 2017 for the first time to India

A global conference on Land Economics, Infrastructure Development and Finance

14 March, 2017: The Economic Times in partnership with AUM LAI brings the Land Summit 2017 for the first time to India. The conference powered by Gazenia Shelters, was a global conference on land economics, infrastructure development and finance was organisedto contribute to the ecosy READ MORE.....

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Tata Power’s non-fossil fuel capacity stands at 3133MW

Tata Power, India’s largest integrated power company, announced that the Company’s total generation capacity from non-fossil fuel sources stands at 3133MW, making it the largest renewable energy Company in India.
The Company’s robust non-fossil fuel portfolio comprises of 693MW of Hydro, 990MW of Solar, 1074MW of Wind, and 375MW of waste gas based generation. Taking a step further towards READ MORE.....

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SNIPPETS

The Government is mulling the merger of about half a dozen state-owned consultancy firms like Engineering Projects (India) Ltd with Engineers India Ltd (EIL)to create a mega consultancy firm that can take on the might of global giants like Bechtel.

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Schneider Electric India has announced it has powered more than 2GW of solar capacity in India through its inverters, READ MORE.....

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Siemens and Bentley Systems to offer planning and design solutions

Building on the strategic alliance between Siemens and Bentley Systems that was made public in November 2016, Siemens’ Energy Management Division and Bentley Systems have announced an agreement to jointly develop solutions to accelerate digitalisation of planning, design, and operations for power utilities and industrial power customers.
Bentley Systems is a global leader in software solut READ MORE.....

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Schneider Electric readies for another 500MW solar project

Schneider Electric India plans to supply and commission equipment for another 500MW solar project by March 2017. With this, the company would be increasing its share of the total capacity to 2.5GW across several states.
Schneider Electric has announced it has powered more than 2.0 giga watts (GW) of solar capacity in the country through its inverters, transformers and other medium-voltage e READ MORE.....

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SAIL to build a 520mtr long rail line

After successfully rolling out world’s longest rail line, state-run Steel Authority of India Limited (SAIL) is now planning to build a 520-metre-long rail line. The company is equipped to produce up to 130 metres of rail line. Construction of the 130-metre-long rail line has begun in the new universal rail mill (URM) installed in SAIL’s flagship entity, the Bhilai Steel Plant (BSP).

Pricol Limited, a leading manufacturer of automotive components for the global automotive market, recently inaugurated its high-efficiency plant built across 6.58 acres in Phulgaon, Pune. The new facility incorporates Green concepts of solar power and Variable Frequency Drive (VFD) air conditioning.
Roof-top solar panel fulfills 40 percent of the daily power requirement. The production lin READ MORE.....

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Petronet LNG takes 26 percent stake in shipping consortium

Petronet LNG Ltd., India's largest liquefied natural gas importer, has bought a 26 percent stake in the shipping consortium that built its biggest LNG ship to transport gas form from Australia. Petronet had in 2013 contracted Shipping Corp of India (SCI) and its Japanese partners to build and operate a 173,000 cubic meters capacity LNG ship. The LNG vessel, 'Prachi', was delivered in December l READ MORE.....

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NBCC to buy four smaller PSUs

State-owned construction and real estate company, NBCC Ltd., might buy four smaller public sector enterprises engaged in similar activities. This could be the first of many mergers and acquisitions by state-owned companies in 2017-18 as the Narendra Modi government looks at consolidation to shore up revenues from disinvestment.
The four smaller firms which NBCC, a listed ‘Navratna’ company READ MORE.....

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Montecarlo Ltd to restructure business units

According to some unconfirmed media reports, construction company Montecarlo Ltd., is restructuring its business as part of a plan to go public next year. The restructuring will see the company separate its real estate business and merge all other engineering, procurement and construction (EPC) services into the parent company to simplify its structure, the report quotes a company official.READ MORE.....

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231 mineral blocks to go under the hammer

Mineral-rich states are gearing up to put 231 mineral blocks under the hammer. The blocks to be auctioned include the lapsed applications saved under the Section 10A (2) (c) of the Mines and Minerals, Development and Regulation (MMDR) Act, 2015. The Union mines ministry had earlier communicated to state governments to execute mining leases for such blocks on or before January 12 this year. However READ MORE.....

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MAN Trucks India expands reach in AP with Vijayawada dealership

MAN Trucks India Pvt. Ltd, a 100 percent subsidiary of MAN Truck and Bus AG, Germany, the world’s leading manufacturer of trucks and buses in association with M/S Asha Automine, recently inaugurated a new state-of-the-art dealership for its commercial vehicle brand in Vijayawada.
The new dealership is spread over an area of 56000 sq ft and is equipped with state-of-the-art equipment, five READ MORE.....

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KPTL wins orders to the tune of `823-cr

Kalpataru Power Transmission Limited (KPTL), a leading global EPC player in the power and infrastructure contracting sector, has secured new orders/notification of `823-crores. The details are as follows:
· Transmission line construction project in West Africa of approximately `737-crores
· Construction of 220kv GIS substations project for Haryana Vidyut Prasaran Nigam Lt READ MORE.....

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KONE launches India’s first Smart Elevator Challenge

KONE, a global leader in the elevator and escalator industry recently announced the launch of “SmartElevator Challenge” for developers and hackathon enthusiasts in association with IBM and HackerEarth.
Organised by HackerEarth, the hackathon will be powered by IBM Watson IoT platform on IBM Bluemix Cloud platform. The goal of the Hackathon is to encourage developers to come up with ideas f READ MORE.....

A central green panel has deferred decision on granting environment clearance (EC) to JSW Cement for its Mogla Limestone Mine project in Gulbarga, Karnataka, because the mine lease area is subjudice. The proposal is for production of 4.51 million tonnes per annum of limestone, ROM from a mine lease area of 404 hectares in Mogla village in Gulbarga district. The Expert Advisory Committee (EAC) of t READ MORE.....

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IOCL to use only half the capacity of LPG pipeline

State-run Indian Oil Corporation plans to use nearly half the capacity of the country’s longest LPG pipeline. The balance capacity of the proposed pipeline is to be used by the public sector corporations Hindustan Petroleum and Bharat Petroleum, and Reliance Industries.
Petroleum and Natural Gas Regulatory Board (PNGRB), the downstream regulator, has invited bids from interested parties by READ MORE.....

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Ingram Micro to market Delta products in India

Delta Power Solutions, part of the US$7.5-billion Delta Group and market leader in switching power supplies, has appointed Ingram Micro as the chief marketer for the company’s products in India. Ingram Micro becomes Delta’s first major appointment since it shifted focus to the Indian market a year ago.
Ingram Micro will market Delta’s UPS systems, Data Centre Infrastructure range, and Tele READ MORE.....

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Tata Steel sells its speciality steels business

Tata Steel has signed a definitive agreement with Liberty House Group for the sale of its speciality steels business. The deal is for total consideration of 100 million pounds. Speciality steels directly employs about 1,700 people and agreement covers several south Yorkshire-based assets. Parties will also be working to complete consultation with employees, transfer of supplier and customer contra READ MORE.....

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Siemens Ltd wins order worth `366-cr from ONGC

Siemens Ltd announced that it has won an order worth approximately `366-crore from Oil and Natural Gas Corporation Limited (ONGC). The order includes supply of material for overhauling of 18 Power Turbines through Zero Hour Overhaul and Time Continued Overhaul.
The Zero Hour Overhauling will be first-of-its-kind in India, and involves the overhaul of Power Turbines to zero hour status. Trad READ MORE.....